Pilbara Minerals (OTCMKTS:PILBF) Shares Down 0.3% – What’s Next?

Pilbara Minerals Limited (OTCMKTS:PILBFGet Free Report) shares dropped 0.3% on Friday . The stock traded as low as $2.93 and last traded at $3.00. Approximately 25,478 shares were traded during mid-day trading, a decline of 69% from the average daily volume of 82,826 shares. The stock had previously closed at $3.01.

Pilbara Minerals Stock Performance

The stock’s 50 day moving average is $3.04 and its 200 day moving average is $2.27.

Pilbara Minerals Company Profile

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Pilbara Minerals (OTCMKTS:PILBF) is an Australia-based mining and exploration company focused on the development and production of lithium and tantalum resources. The company’s core activity centers on sustainable extraction of spodumene concentrate, a key feedstock for the global lithium-ion battery industry. Pilbara Minerals maintains its principal listing on the Australian Securities Exchange (ASX: PLS) and operates an American Depositary Receipt (ADR) program on the OTC Markets under the ticker PILBF.

The company’s flagship operation is the Pilgangoora Lithium-Tantalum Project, situated in the Pilbara region of Western Australia.

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